The Emirates NBD Bank reported a revenue of AED 36.7 billion for the first nine months of 2025, demonstrating a continued strong growth momentum across both interest income and non-funded income in various regions, sectors, and product lines. Operating profits rose by 10% compared to the same period last year, primarily fueled by significant loan growth, which largely offset the impact of interest rate reductions. Pre-tax profits increased by 6% to AED 23.4 billion, despite a decline in collections during the quarter. Lending experienced unprecedented growth of AED 99 billion (19%) in the first nine months of 2025, driven by robust domestic and international demand. Deposits surged by AED 94 billion (14%) during the same period, thanks to a rise of AED 56 billion in current and low-cost savings account balances.
Emirates Islamic continued its strong growth trajectory, achieving record pre-tax profits of AED 3.2 billion in the first nine months of 2025. Saudi Arabia’s performance remained exceptional, with lending growth of 38% in the first nine months. The Emirates NBD’s digital wealth platform contributed to an increase in the group’s managed assets to USD 53 billion, enhancing the group’s product offerings and wealth management strategy. Strategic investments in the group’s extensive regional presence, along with digital transformation and generative AI projects, were key drivers of income growth, significantly mitigating the effects of lower interest rates.
On October 18, 2025, the bank signed a subscription agreement with RBL Bank Limited to acquire a 60% stake by issuing preferred shares worth a total of INR 268.5 billion (approximately USD 3.0 billion). As part of this transaction, Emirates NBD will be required to make a mandatory tender offer to existing shareholders following the receipt of necessary regulatory approvals. Additionally, Emirates NBD plans to integrate its current three branches in India with RBL over time. The transaction is expected to be completed by the end of Q2 2026, contingent upon obtaining the required regulatory clearances. This move aligns with the bank’s strategy to expand its presence in key markets, with India recognized as a significant player reflecting strong long-term growth potential.
Key Financial Highlights for the First Nine Months of 2025:
- A 12% increase in income compared to the same period last year, reflecting strong growth in both interest and non-funded income.
- Operating profits increased by 10% year-on-year, reaching AED 25.5 billion, indicating a robust momentum in loan and deposit growth.
- Record loan growth of 19% in the first nine months of 2025 added AED 99 billion to the loan portfolio, driven by strong market growth in the group’s main and Saudi Arabian markets.
- Deposits grew by AED 94 billion, including a rise of AED 56 billion in current and low-cost savings accounts.
- Provisions for credit losses were reversed by AED 0.3 billion due to the ongoing sound credit environment and a thriving economy, positively impacting the non-performing loan ratio at 2.5%.
- Emirates Islamic maintained its growth momentum with record pre-tax profits of AED 3.2 billion.
- Emirates NBD’s investment in customer-centric services and products is fueling business growth.
- Credit card spending in the UAE accounted for 35% market share, leading among credit card issuers across the Middle East and Africa.
- Emirates NBD is recognized as one of the best banks in the region for providing superior customer experience, scoring 52 on the Net Promoter Score index.
- Emirates NBD Saudi Arabia continued its outstanding performance, with lending growth of 38% in the first nine months of 2025; two additional branches are expected to open by year-end, bringing the total to 23.
- Emirates NBD Capital claimed the top spot in the UAE IPO ranking for the first nine months of 2025, leading all IPOs in the UAE year-to-date.
- The bank became the first to finance two Boeing 777-200LRF freighters worth USD 350 million for Emirates Group.
- New structured credit and investment products were launched, significantly boosting income from both local and international clients.
- Remarkable growth in personal current and savings accounts totaling AED 35 billion, supported by strong lending activity.
- The digital wealth platform crossed AED 5 billion in trading volume within its first year of launch.
- Total assets under management grew to USD 53 billion, reflecting the ongoing success of the group’s wealth management strategy.
Looking ahead, Emirates NBD is evolving into a regional hub with a primary focus on data, digital technology, and environmental responsibility.
- Active users of the ENBD X app exceeded 2.4 million across the UAE and Saudi Arabia, a 49% increase since 2023.
- The number of local equity trades on the ENBD X digital wealth platform surpassed AED 5 billion within just one year of launching the commission-free trading model.
- The first automated transaction dispute resolution solution in the region was launched.
- The advanced analytics portfolio achieved over 50 use cases encompassing all business units and international locations.
- The Generative AI Executive Council ensures the adoption of unified generative AI application development efforts, platform management, safeguards, and data governance across the bank.
- Emirates NBD integrated 155 APIs to facilitate seamless connectivity and customer-centric digital experiences.
- Emirates NBD ranked first in the sustainable issuance ranking for the MENA region and Turkey.
- The bank received the highest rating in environmental, social, and governance (ESG) governance awarded to any bank in the region by Standard & Poor’s Global.
- Emirates NBD holds the number one position in the Middle East for having 35 LEED platinum and gold certifications.
- The bank financed and participated in over USD 8 billion in sustainable finance arrangements during the first nine months of 2025.
- Emirates Islamic issued the world’s first sustainability-linked Sukuk worth USD 500 million, reinforcing the group’s leadership in integrated Islamic finance in ESG.